Enables application processing, funds distribution, and
compliance reporting
Intellinetics, Inc. (NYSE American: INLX), a digital
transformation solutions provider, announced today that its press
release issued September 07, 2023, 4:06 pm EDT inadvertently
neglected to reference the period that Action for Children will
administer child care scholarships, child care provider incentives,
and provider sign-on bonuses funded by the City of Columbus and the
Franklin County Board of Commissioners with American Rescue Plan
dollars. The corrected press release is set forth in its entirety
below.
ACTION FOR CHILDREN SELECTS INTELLICLOUD™ TO ASSIST WITH
MANAGEMENT OF ARPA FUNDS DISTRIBUTION
Enables application processing, funds distribution, and
compliance reporting
COLUMBUS, Ohio--Intellinetics, Inc. (NYSE American: INLX), a
digital transformation solutions provider, announces that Action
for Children, a Child Care Resource and Referral agency for central
Ohio families and child care professionals, implemented the
Intellinetics’ IntelliCloud™ electronic document management
platform to successfully administer child care scholarships, child
care provider incentives, and provider sign-on bonuses funded by
the City of Columbus and the Franklin County Board of Commissioners
with American Rescue Plan dollars in 2022-2023.
Action for Children administers the Franklin County RISE
scholarship program in partnership with the City of Columbus and
Franklin County Board of Commissioners to support families with the
rising cost of child care. The program is intended to help families
who are facing the “benefits cliff” in which they make too much to
qualify for Publicly Funded Child Care (PFCC) but too little to
afford child care. The program has surpassed its goal to provide
scholarships of up to $10,000 per year for 750 children.
Action for Children also administers child care provider
incentives as part of Franklin County RISE which focus on: programs
participating in Publicly Funded Child Care, improving Step Up to
Quality ratings, or providing care during non-traditional
hours.
In one of the first actions of Franklin County RISE, Action for
Children administered individual $1,000 signing bonuses for
eligible open child care positions in Franklin County, thanks to
funding from the City of Columbus.
Action for Children turned to Intellinetics for assistance in
building an applicant tracking and approval process which includes
Intellinetics’ eForms processing solution along with the
IntelliCloud electronic document management solution for reporting
and long-term secure records storage.
Eligible families first complete a joint application with their
child care provider. All the application forms are filled out and
digitally signed online. The documents are then routed to Action
for Children where they go through an approval process. When
approved, the distribution of funds is managed through the same
solution.
“We knew we needed a trusted partner to ensure our applicants
for Franklin County RISE felt secure. Intellinetics provided a
best-in-class option for us, for the applicants and for our
partners,” said Dr. Eric J. Karolak, Chief Executive Officer of
Action for Children.
“Being able to process the number of applications we had, and in
the timeframe our partners and families required, was at the
forefront of our decision process. It had to be right, it had to be
efficient, and most importantly, secure. With Intellinetics, we
were able to launch this critical program in just one month.”
“Access to child care is a key tool for families to participate
in the economy, for businesses to be able to have the workers they
need, and for our economy to be able to thrive,” stated James F.
DeSocio, President & CEO of Intellinetics. “ARPA funded
programs provide both new opportunities and challenges. Our
solutions serve a mission-critical role for organizations in highly
regulated and compliance-intensive markets by making content
secure, compliant, and process-ready to drive innovation,
efficiencies, and growth.”
About Intellinetics, Inc.
Intellinetics, Inc. (NYSE American: INLX) is enabling the
digital transformation. Intellinetics empowers organizations to
manage, store and protect their important documents and data. The
Company’s flagship solution, the IntelliCloud™ content management
platform, delivers advanced security, compliance, workflow, and
collaboration features critical for highly regulated,
risk-intensive markets. IntelliCloud connects documents to users
and the processes they support anytime, anywhere to accelerate
innovation and empower organizations to think and work in new ways.
In addition, Intellinetics offers business process outsourcing
(BPO), document and micrographics scanning services, and records
storage. From highly regulated industries like Healthcare/Human
Service Providers, K-12, Public Safety, and State and Local
Governments, to businesses looking to move away from paper-based
processes, Intellinetics is the all-in-one, compliant, document
management solution. Intellinetics is headquartered in Columbus,
Ohio. For additional information, please visit
https://www.intellinetics.com/.
About Action for Children
Action for Children is the local child care resource and
referral agency for central Ohio and is committed to assuring
quality early learning experiences for all children. Their services
focus on transforming the lives of children by supporting the
everyday heroes who most influence our children’s early growth:
care givers, educators, parents, and guardians. To learn more,
visit http://www.actionforchildren.org/.
Cautionary Statement
Statements in this press release which are not purely
historical, including statements regarding future adoption in
certain markets, future growth, future market share, and other
intentions, beliefs, and expectations are forward-looking
statements. The forward-looking statements involve risks and
uncertainties including, but not limited to, the risks associated
with the effect of changing economic conditions including
inflationary pressures, a general economic downturn, Intellinetics’
ability to execute on its business plan and strategy, customary
risks attendant to acquisitions, trends in the products markets,
variations in Intellinetics’ cash flow or adequacy of capital
resources, market acceptance risks, the success of Intellinetics’
solutions providers, including human services, health care, and
education, technical development risks, and other risks,
uncertainties and other factors discussed from time to time in its
reports filed with or furnished to the Securities and Exchange
Commission, including in Intellinetics’ most recent annual report
on Form 10-K as well as subsequently filed reports on Form 10-Q and
Form 8-K. Intellinetics cautions investors not to place undue
reliance on the forward-looking statements contained in this press
release. Intellinetics disclaims any obligation and does not
undertake to update or revise any forward-looking statements in
this press release. Expanded and historical information is made
available to the public by Intellinetics on its website at
www.intellinetics.com or at www.sec.gov.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230907846978/en/
Investor Contact: FNK IR Tom Baumann / Rob Fink
646.349.6641 / 646.809.4048 INLX@fnkir.com
Joe Spain, CFO Intellinetics, Inc. 614.921.8170
investors@intellinetics.com
Intellinetics (AMEX:INLX)
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Intellinetics (AMEX:INLX)
過去 株価チャート
から 1 2024 まで 1 2025